IKD Co (SHSE:600933) Cyclically Adjusted PB Ratio: 2.33 (As of Aug. 25, 2026) — 25% Below Median

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SHSE:600933 IKD Co Ltd SHSE:600933
85 GF Score
Price ¥13.94
GF Value ¥22.87
Valuation Significantly Undervalued
! 5 Warning Signs
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What is IKD Co Cyclically Adjusted PB Ratio?

IKD Co SHSE:600933 +0.65% 85 Cyclically Adjusted PB Ratio is 2.33 as of Aug. 25, 2026, which is 25% below its 10-year median of 3.10. GuruFocus rates SHSE:600933 with a GF Score™ of 85/100 and a GF Value™ of ¥22.87 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 947 Vehicles & Parts companies, IKD Co ranks worse than 70.12% on this metric.

As of today (2026-08-25), IKD Co's current share price is ¥13.94. IKD Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥5.98. IKD Co's Cyclically Adjusted PB Ratio for today is 2.33.

The historical rank and industry rank for IKD Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600933' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.13   Med: 3.1   Max: 4.34
Current: 2.3

During the past years, IKD Co's highest Cyclically Adjusted PB Ratio was 4.34. The lowest was 2.13. And the median was 3.10.

SHSE:600933's Cyclically Adjusted PB Ratio is ranked worse than
70.12% of 947 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs SHSE:600933: 2.30

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

IKD Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥9.644. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ¥5.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IKD Co  (SHSE:600933) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


IKD Co Cyclically Adjusted PB Ratio Related Terms


IKD Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for IKD Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IKD Co Cyclically Adjusted PB Ratio Chart

IKD Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 3.48

IKD Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.17 3.01 4.09 3.48 2.82

SHSE:600933 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, IKD Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IKD Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, IKD Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IKD Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600933
85GF Score
IKD Co Ltd SHSE:600933
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IKD Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

IKD Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.94/5.98
=2.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IKD Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, IKD Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=9.644/116.3033*116.3033
=9.644

Current CPI (Mar. 2026) = 116.3033.

IKD Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.349 101.400 2.694
201609 0.000 102.400 0.000
201612 2.616 102.600 2.965
201703 0.000 103.200 0.000
201706 2.681 103.100 3.024
201709 2.389 104.100 2.669
201712 4.171 104.500 4.642
201803 4.305 105.300 4.755
201806 4.219 104.900 4.678
201809 4.357 106.600 4.754
201812 4.480 106.500 4.892
201903 4.590 107.700 4.957
201906 4.464 107.700 4.821
201909 4.588 109.800 4.860
201912 4.756 111.200 4.974
202003 4.862 112.300 5.035
202006 4.721 110.400 4.973
202009 4.871 111.700 5.072
202012 5.083 111.500 5.302
202103 5.234 112.662 5.403
202106 5.097 111.769 5.304
202109 5.203 112.215 5.393
202112 5.292 113.108 5.442
202203 5.400 114.335 5.493
202206 5.567 114.558 5.652
202209 5.984 115.339 6.034
202212 6.129 115.116 6.192
202303 6.343 115.116 6.408
202306 6.552 114.558 6.652
202309 6.674 115.339 6.730
202312 7.053 114.781 7.147
202403 8.647 115.227 8.728
202406 8.322 114.781 8.432
202409 8.260 115.785 8.297
202412 8.362 114.893 8.465
202503 8.644 115.116 8.733
202506 8.748 114.907 8.854
202509 9.600 115.471 9.669
202512 9.460 115.832 9.498
202603 9.644 116.303 9.644

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 2.33 mean?
IKD Co (SHSE:600933) has a Cyclically Adjusted PB Ratio of 2.33 as of Aug. 25, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on IKD Co and its competitors. This is 25% below median its historical median of 3.10. Over the past decade, IKD Co's Cyclically Adjusted PB Ratio has ranged from 2.13 to 4.34. According to the industry distribution chart, IKD Co ranks #664 out of 947 companies in the Vehicles & Parts industry, placing it in the top 70.1%.
Is IKD Co's Cyclically Adjusted PB Ratio too high?
IKD Co's current Cyclically Adjusted PB Ratio of 2.33 is 25% below median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 4.34. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.23. IKD Co's value of 2.33 is 89.4% above this industry median. Based on the distribution chart, IKD Co ranks #664 out of 947 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, IKD Co has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IKD Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, IKD Co ranks #664 out of 947 companies for Cyclically Adjusted PB Ratio. This places IKD Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. IKD Co's value of 2.33 is 89.4% above this benchmark. Historically, IKD Co's own Cyclically Adjusted PB Ratio has ranged from 2.13 to 4.34 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 1.23, IKD Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.23, based on 947 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IKD Co's current Cyclically Adjusted PB Ratio of 2.33 is 89.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on IKD Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IKD Co's current Cyclically Adjusted PB Ratio is 2.33, which is 25% below median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IKD Co stock overvalued right now?
Based on GuruFocus' analysis, IKD Co (SHSE:600933) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥22.87, compared to a current price of ¥13.94 — trading 39% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.33, which is 25% below median its 10-year median of 3.10 and 89.4% above the Vehicles & Parts industry median of 1.23. IKD Co's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For IKD Co (SHSE:600933), the current Cyclically Adjusted PB Ratio is 2.33 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IKD Co (SHSE:600933) Overvalued in 2026?

Based on GuruFocus' analysis, IKD Co stock appears to be undervalued. The current stock price of ¥13.94 is trading 39% below its estimated GF Value™ of ¥22.87. GuruFocus considers IKD Co to be Significantly Undervalued.

Key valuation signals for SHSE:600933:

  • Cyclically Adjusted PB Ratio: 2.33 (25% below median its 10-year median of 3.10)
  • GF Value™: ¥22.87 vs. price of ¥13.94 (39% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 89.4% above the Vehicles & Parts median (#664 of 947)

No single metric tells the full story. See the SHSE:600933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IKD Co Business Description

Address No. 588 Jin Shan Road, Jiangbei Investment Pioneering Park, Zhejiang Province, Ningbo, CHN, 315033
IKD Co Ltd is engaged in manufacturing of aluminum die casting products. The company is mainly engaged in the research and development, production and sales of automotive aluminum alloy precision casting. The production process covers the whole process of the design and development of die-casting tooling, die casting, trimming, heat treatment, precision machining, surface treatment and assembly. Its main products include automotive wiper system, transmission system, steering system, engine system, air condition system, commercial vehicle braking system.
85GF Score

Get the complete analysis for SHSE:600933

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥13.94
Price
¥22.87
GF Value